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STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]    
Net sales $ 38,029 $ 34,834
Cost of sales 24,454 21,692
Gross profit 13,575 13,142
Operating (income) expenses:    
Selling expenses 590 577
General and administrative expenses 4,076 3,189
Gain on disposal of equipment (5)
Research and development costs 4,384 2,315
Total operating expenses 9,050 6,076
Operating income 4,525 7,066
Other income (expense):    
Interest and dividend income 126 95
Other income 952
Gain on sale of investments 1,327 25
Interest expense (352) (236)
Total other income 1,101 836
Income before income taxes 5,626 7,902
Income tax expense 1,176 1,790
Net income 4,450 6,112
Other comprehensive loss, net of tax:    
Unrealized gain (loss) from marketable equity investments, net of income taxes 1,371 (1,037)
Comprehensive income $ 5,821 $ 5,075
Basic & Diluted income per share:    
Basic net income per share $ 1.17 $ 1.56
Diluted net income per share $ 1.13 $ 1.5
Weighted-average common shares outstanding:    
Basic 3,796,516 3,910,940
Diluted 3,936,194 4,078,087